[ANN] CRAVE 1st POS Masternodes | Dark Assets | I2P | Market =Embrace The Dark=

[cryptohangman]

Looks like its going to be an exciting week.

For your sake let's hope ICM releases it THIS week because the Mayweather/Pacquiao fight is this saturday!

 Gonna be a big week.

Yes guys, great things ahead  

[Cryptopoker]

I'm willing to put a Master Node on PAC man!!! =)

[jasemoney]

I'm willing to put a Master Node on PAC man!!! =)

it sounds good but id hate to lose a node and tarnish mayweather's perfect record all at once if it came down to that.

[EmilioMann]

how to burn crave for blur? i have tried and failed.
and when burning period ends?
why is there no gui yet? we were promised gui for burning.
extend the burning time and make gui for it so it can be done easily.

tm2013 does this service for a small fee of 2 craves to any value.
just pm to him

[darkproton]

hey guys,
I'll try and get a bottle version of darkpoold up and running tomorrow. No guarantees. It wont be pretty but hopefully functional

[jasemoney]

how to burn crave for blur? i have tried and failed.
and when burning period ends?
why is there no gui yet? we were promised gui for burning.
extend the burning time and make gui for it so it can be done easily.

tm2013 does this service for a small fee of 2 craves to any value.
just pm to him

about a week left to get in your burns. ends at 60200, currently 51000  averaging about 1000 blocks a day.

hey guys,
I'll try and get a bottle version of darkpoold up and running tomorrow. No guarantees. It wont be pretty but hopefully functional

that'd be great, a way to use/audit the burn is needed.

[tkon3]

Yep, the chain is slower than expected   

[EmilioMann]

hey guys,
I'll try and get a bottle version of darkpoold up and running tomorrow. No guarantees. It wont be pretty but hopefully functional

Thanks!

[CRAVINGSforcrave]

how to burn crave for blur? i have tried and failed.
and when burning period ends?
why is there no gui yet? we were promised gui for burning.
extend the burning time and make gui for it so it can be done easily.

tm2013 does this service for a small fee of 2 craves to any value.
just pm to him

about a week left to get in your burns. ends at 60200, currently 51000  averaging about 1000 blocks a day.

hey guys,
I'll try and get a bottle version of darkpoold up and running tomorrow. No guarantees. It wont be pretty but hopefully functional

that'd be great, a way to use/audit the burn is needed.

What's the current Crave/Blur ratio in burns?

[jasemoney]

under 6 blur to 1 crave, as the week progresses it will get closer to 5 until it stops at block 60200

to be exact its close to like:
60200 - 17000 = length of burn 43200 blocks,  we are at 51093 so 9107 left which is 21% of the burn period remains.
the reward decayed linear from 7.5 to 5, a change of 2.5 blur. lets round the time left to 20% so 20% of the change is .5 so lets say for every crave you burn at this exact minute gets you about 5.5 blur.

now did it need to be that specific. lets see how long until someone asks again.. who gives a shit if its 7 or 6 or 5. either you see value for blur in the future or you do not. a fraction of an asset isnt going to really change your mind is it?


Edit, I have attached a handy chart for anyone terrible at math. it shows the number of blur you would have received at any given block height per cravecoin burned



Edit, I also broke down every burn transaction by block and size (available https://chainz.cryptoid.info/crave/address.dws?Bs8Haw3nAsWf5hmLfKzc6PMEzcxUGSYjxf.htm ) by how many blur and the rate. this can be seen:

http://pastebin.com/402EwUcy

Code:

Block Height	Ammt Crave Burned	Ammt Blur Received	Blur per Crave
51013		583			3224.95491898883	5.53165509260519
51009		400			2212.75462963467	5.53188657408667
50998		5			27.6626157408037	5.53252314816074
50988		1			5.53310185186444	5.53310185186444
50950		10			55.353009259385		5.5353009259385
50942		11			60.8934027779161	5.53576388890146
50940		0.3			1.66076388889266	5.5358796296422
50900		0.5			2.7690972222285		5.538194444457
50888		1			5.53888888890144	5.53888888890144
45544		510.165			2983.52050000539	5.84814814815872
45506		0.5			2.92517361111639	5.85034722223278
44762		100			589.340277778806	5.89340277778806
43861		50			297.277199074572	5.94554398149143
42204		722			4361.91620371044	6.04143518519452
42146		25.1			151.724270833567	6.04479166667598
41149		114.999			701.780066494084	6.10248842593487
41094		137.54427341		839.800122130594	6.10567129630522
40364		245			1506.23958333545	6.14791666667532
39972		15.999			98.7234590279139	6.17060185186036
39420		528			3274.94444444883	6.2025462963046
39207		10			62.1487268519341	6.21487268519341
39165		648			4028.81250000532	6.21730324074895
37632		1.999			12.6057310185338	6.30601851852616
37629		78			491.882986111707	6.30619212963727
36909		99			628.438020834063	6.34785879630367
36596		0.1			0.636597222222948	6.36597222222948
36163		500			3195.51504629985	6.39103009259969
35767		100			641.394675926621	6.41394675926621
35758		399.9			2565.14559028056	6.41446759259954
35751		50			320.743634259606	6.41487268519213
35742		200			1283.07870370509	6.41539351852546
35717		499.9			3207.77845486458	6.41684027778471
35706		1			6.41747685185878	6.41747685185878
35377		499.9			3217.61445023488	6.43651620371051
35153		500			3224.73958333669	6.44947916667339
35136		299.999			1935.13243842794	6.45046296296968
34867		25			161.65075231498		6.46603009259921
34814		1			6.46909722222882	6.46909722222882
34806		0.3			1.94086805555753	6.46956018519178
17357		1			7.47934027777791	7.47934027777791
17153		1			7.49114583333339	7.49114583333339
17108		1			7.49375000000004	7.49375000000004

total crave burned 7,378
~total blur recieved 45,419

the formula for this is
Blur recieved = <CraveBurned> x (5+(2.5−(0.00005787037037×(<BlockHeight>−17000))))
Blur per crave= (5+(2.5−(0.00005787037037×(<BlockHeight>−17000))))

[I2S2SI]

Is it ok just to hold on to crave instead of burning it for blur?

Whats the gamble here in going either way?

[jasemoney]

Is it ok just to hold on to crave instead of burning it for blur?

Whats the gamble here in going either way?

the gamble for Mayweather vs Pacquiao
or the gamble that blur will be something you should or should not acquire now through the burn process

[darkproton]

Is it ok just to hold on to crave instead of burning it for blur?

Whats the gamble here in going either way?

I believe, and may be wrong, but BLUR is necessary for the actions of darkpoold. Ex., If I wanted to create a bet for mayweather v. paqman, I would need TWO things. I would need a feed or broadcast feed to which tie the bet to. Second, I would need BLUR to place a wager upon either side, and publish the bet. The publishing of the bet will deduct Blur from publisher, similar to transaction fees. Also a fee may be paid to the operator of the broadcast, but this is established in the bet protocol.
So, to bet, you need darkpoold and as such blur. If I'm wrong, please correct me.

[Blazin8888]

Is it ok just to hold on to crave instead of burning it for blur?

Whats the gamble here in going either way?

the gamble for Mayweather vs Pacquiao
or the gamble that blur will be something you should or should not acquire now through the burn process

Crave will always be valued more than Blur

[jasemoney]

Is it ok just to hold on to crave instead of burning it for blur?

Whats the gamble here in going either way?

the gamble for Mayweather vs Pacquiao
or the gamble that blur will be something you should or should not acquire now through the burn process

Crave will always be valued more than Blur

per token or marketcap.. you cant say that theres no way to know..

[coinspredator]

Is it ok just to hold on to crave instead of burning it for blur?

Whats the gamble here in going either way?

the gamble for Mayweather vs Pacquiao
or the gamble that blur will be something you should or should not acquire now through the burn process

Crave will always be valued more than Blur

per token or marketcap.. you cant say that theres no way to know..

Crave and blur will be a kind of symbiosis, however if any exchange  open a blur/btc negotiation, it will be able to hit insane levels of price because as rarer most expensive, I believe that blur will cost a lot of more money than crave.  

[tkon3]

Value & price are two different things.

[darkproton]

Well, to enter the blur debate.....best to think of blur as what it is indended....an asset.  Blur would be essential for all the darkpoold functionality. Betting, dividends, asset creation, selling/buying etc.. Just check the documentation on all that can be done. Now, does that mean it has value? Yes, but it is only worth what someone will pay for it. Blur is not needed for the markets or paying for an gooda therein. Let me give an example...... suppose I want to join in on this betting games of the boxing match. I wanted to bet 1000 blur. I would create that and post it. Now, someone could query the available bets see mine, want to bet but only engage in a bet of 10 blur. My understanding is that he may only bet 10 blur and my bet stands until all 1000 are bet against. If no one else bets, I have a 10 blur bet on the fight. Just one example. There becomes a plethora of uses for blur beyond normal transactions.

[waffles99]

. "Since Counterparty can't function without XCP, it ultimately represents the value of the network."[3] Counterparty used proof of burn to issue XCP, instead of a more traditional fund-raising technique for altcoin launches, to keep the initial distribution of funds as fair and decentralized as possible, and to avoid potential legal issues.[3][4]

http://en.wikipedia.org/wiki/Counterparty_%28technology%29

study  sections 'Economic Implications' 'Coin-burning as a tool for transition between cryptocurrencies'
https://en.bitcoin.it/wiki/Proof_of_burn
http://counterparty.io/news/why-proof-of-burn/


http://en.wikipedia.org/wiki/Prediction_market
http://en.wikipedia.org/wiki/Financial_data_vendor
http://en.wikipedia.org/wiki/Financial_instrument

http://en.wikipedia.org/wiki/Contract_for_difference


Good chat going guys  

[tkon3]

Hope to see a good move by devs this week